SHMD

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management characterizes 2026 as a transition year defined by significant balance sheet restructuring, including a €30.8 million debt-to-equity swap that reduced total debt to a sustainable €23 million level. Performance in H1 was impacted by a seasonally weak Q1 and lower-than-expected gross margins of 21.2%, attributed to reduced scale and a temporary revenue shift toward lower-margin Chinese production. The 'Sprint' restructuring program successfully removed €4 million in fixed costs, primarily through a reduction of over 40 full-time equivalents in German overhead functions to lower the corporate break-even point. Operational momentum is accelerating with €52.3 million in new orders secured in just eight weeks during Q3, driven by capacity investments from flip-chip BGA substrate customers. Strategic expansion is underway in China, consolidating two leased facilities into one owned campus to double production capacity and mitigate long-term rental cost risks. Management attributes the recent order surge to a recovery in the IC substrate market following a period of customer planning for new factory equipment in early 2026. Order intake guidance for 2026 was raised to €125 million–€150 million, with management expecting to land in the upper half of this range based on advanced negotiations. The company is initiating 'Sprint 2,' a purchasing cost savings program targeting a minimum 5% reduction in material expenses, with most savings from renegotiated terms expected by year-end and further reductions from design-to-cost initiatives projected for 2027. Revenue guidance for the full year remains at least €100 million, supported by a record order backlog of €89 million that is expected to drive significant scale benefits in 2027. Future growth in China will be funded via non-recourse project debt, leveraging attractive local interest rates of approximately 2.7% to preserve equity. Management anticipates a margin reversal in H2 2026 as revenue mix shifts back toward German-based production and higher-margin semiconductor equipment. A €26 million investment in new working capital led to an operating cash outflow of €29.3 million in H1, though management expects to stabilize or reduce working capital by year-end. G&A expenses increased by over €3 million due to one-time restructuring costs, share-based compensation for C-level rewards, and elevated filing requirements under the Nasdaq monitoring period. The company faces a temporary constraint in Europe regarding cash advances due to a lack of guarantees, which currently pressures working capital compared to normalized levels. Labor availability and training lead times in Germany are identified as the primary operational constraints to scaling beyond current demand levels, rather than physical space or machinery. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management confirmed that the majority of projected orders for the remainder of the year are already in active negotiation. Most recent and upcoming orders are scheduled for manufacture and delivery in 2027, providing high visibility into next year's revenue. The primary technical bottleneck is the metallization of Through Glass Vias (TGVs), an area where SCHMID claims to have a strong proprietary solution. Management is engaged with major players in the Intel, NVIDIA, and AMD supply chains as the industry shifts toward glass for superior flatness and signal integrity. Consolidating two rented sites into one owned campus will increase effective capacity from €50 million to approximately €100 million in revenue. The move eliminates shipping inefficiencies between split sites and protects against future rent increases, improving long-term unit economics. Improvement will stem from both scale benefits—diluting fixed listing and R&D costs—and a shift toward high-end semiconductor products. Semiconductor customers typically accept higher price points in exchange for superior service levels, which positively impacts gross margin mix.

Interested in SCHMID Group N.V.? Here are five stocks we like better. Balance-sheet restructuring improved financial flexibility: SCHMID raised EUR 33 million and reduced debt by EUR 31 million through a debt-to-equity swap, bringing total debt down to about EUR 23 million. Orders accelerated, but profitability guidance was reduced: Year-to-date order intake reached EUR 96.6 million, with management expecting the upper half of its EUR 125 million–EUR 150 million target. The company maintained revenue guidance of at least EUR 100 million but lowered its adjusted EBITDA margin outlook to 6%–9% from above 12%. Cost savings and capacity expansion are underway: SCHMID expects roughly EUR 4 million in annual labor savings from its Sprint restructuring program and is targeting at least 5% purchasing-cost reductions. It also plans an EUR 11 million China campus investment that could double local production capacity by late 2027. SCHMID Group (NASDAQ:SHMD) said its first-half 2026 results reflected a period of balance-sheet restructuring, cost reductions and accelerating order intake, while lower first-half gross margin led the company to reduce its full-year adjusted EBITDA margin outlook. Chief Financial Officer Arthur Schuetz said the company raised EUR 33 million through convertible and standby equity facilities and reduced debt by EUR 31 million through a debt-to-equity swap announced in May. The transaction reduced total debt from EUR 53 million to about EUR 23 million, which Schuetz described as a sustainable level. → Rocket Lab's Sell-Off Is Fading—Is It Finally Safe to Buy? “2026 remains a transition year, but the foundation is now in place for a strong second half of 2026 and a promising 2027,” Schuetz said. Revenue totaled EUR 18.2 million in the first quarter and EUR 27.8 million in the second quarter. Schuetz characterized the first quarter as seasonally weak and weaker than expected, while revenue improved in the second quarter. → Travel + Leisure Goes Big—Is It Ready to Rally? Equipment revenue increased to EUR 39.4 million in the first half of 2026 from EUR 10.7 million in the prior-year period, according to Schuetz. Spare parts and services revenue rose to EUR 6.4 million from EUR 5.9 million a year earlier. Gross margin was 21.2%, below the company’s expectations. Schuetz attributed the result partly to lower scale and a revenue mix shift toward China, where margins are somewhat lower. He said SCHMID expects the mix to shift back toward more German production-based revenue during the second half. → What Rising Delivery Forecasts Say About Rivian's Stock Prospects General and administrative expenses increased by more than EUR 3 million, driven by the company’s Sprint restructuring initiative, share-based compensation and capital-structure-related costs. Other income and expense included approximately EUR 1.7 million of foreign-exchange losses, compared with EUR 6.3 million of gains in the first half of 2025. Financial-result losses reflected accounting for the XJ Harbour liability that was converted into shares in January, as well as warrant fair-value movements and roughly EUR 875,000 of interest expense, Schuetz said. SCHMID concluded the first phase of its Sprint cost program, reducing more than 40 full-time-equivalent positions in German overhead functions. Most of the departures are expected in the third quarter. The program is expected to result in about EUR 4 million of annual labor-cost savings. Restructuring costs are expected to total approximately EUR 700,000, of which about EUR 400,000 was recorded in the first half. The company has moved to Sprint’s second phase, focused on purchasing costs. More than half of SCHMID’s expenses relate to purchased materials, and management is targeting savings of at least 5% on those purchasing expenses. Schuetz said the company expects to achieve most of those savings by year-end, while product redesign efforts intended to reduce component costs are more likely to affect 2027. Operating cash outflow was EUR 29.3 million in the first half, mainly reflecting EUR 26 million invested in working capital. Working capital rose to about 14% of last-12-month sales at the end of June from a negative position at the end of 2025. Management said it aims to reduce that level toward 10% or less over the medium term and expects the absolute working-capital amount to remain flat or decline by year-end. Chief Sales Officer Roland Rettenmeier said SCHMID delivered one of its first InfinityLine H+ systems for 700-by-700 millimeter panel-level packaging to a U.S.-based customer during the first half. The company reported EUR 52.3 million of order intake in the third quarter to date and EUR 96.6 million year to date. Rettenmeier attributed the acceleration to investments in flip-chip BGA substrate capacity and continuing AI server-board capacity additions. He said the market momentum emerged in late in the second quarter after major substrate manufacturers developed plans for new factory investments following an identified shortage in IC substrates. Most of the remaining orders expected this year are already in negotiation, he said, while many recently received orders and expected near-term orders are slated for 2027 production. SCHMID raised its 2026 order-intake guidance in July to EUR 125 million to EUR 150 million and now expects results in the upper half of that range. The company said its order backlog stood at EUR 89 million, which Schuetz described as close to a record level. Management maintained its full-year revenue outlook of at least EUR 100 million but lowered expected adjusted EBITDA margin to 6% to 9%, from prior guidance of more than 12%. SCHMID plans to consolidate two leased manufacturing facilities in Zhongshan, Guangdong Province, into a larger company-owned campus. The EUR 11 million investment is expected to double production capacity in China, with the new site projected to begin operations in the fourth quarter of 2027. Schuetz said the existing facilities can support roughly EUR 50 million in revenue, while the new facility could support around EUR 100 million. Construction is expected to begin after land acquisition and finalization of architectural plans, with spending expected to occur roughly evenly over about 12 months beginning in September or October. The company’s Malaysian facility is operating and expanding to serve a growing key customer in the region, Rettenmeier said. Management said capacity constraints differ by region. China currently faces building-capacity limits that the new facility is intended to address, while Germany has available space and does not face machinery constraints. Schuetz said labor availability, training and retention represent the principal operational constraints in Germany as the company grows. On financing, Schuetz said SCHMID is “pretty well-financed” and does not anticipate a need to raise new equity during the next six months. The company may use non-recourse Chinese debt to fund working capital and the new factory, with management estimating an average funding cost of about 2.7% for new Chinese debt. Rettenmeier also said the company is engaged with major supply-chain participants evaluating glass-core substrates. He identified metallization of through-glass vias as a technical bottleneck, alongside end-customer qualification. He added that semiconductor customers for panel-level packaging typically accept higher prices and service levels, which could support SCHMID’s gross-margin mix over time. Schmid Group AG is a global engineering and manufacturing company specializing in flexible packaging and barrier coating technologies for a range of industries. The company’s core offerings include turnkey coating, metallization and extrusion lamination lines designed to enhance the functional performance of films and substrates used in food, pharmaceutical and medical packaging applications. Schmid Group’s expertise also encompasses process engineering, product development and on-site support services, enabling clients to optimize production efficiency and sustainability in high-volume manufacturing environments. In addition to its barrier technologies, Schmid Group provides modular solutions for thin-film coating, printing, slitting and winding, as well as machinery for flat glass finishing such as washing, sanding and patterning. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "SCHMID Group Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.

FREUDENSTADT, Germany, Aug. 25, 2026 (GLOBE NEWSWIRE) -- SCHMID Group N.V. (NASDAQ: SHMD) (the “Company” or “SCHMID”), a global leader in advanced manufacturing solutions for the electronics and semiconductor industries, reports its unaudited financial results for the first half of 2026, covering the period ended June 30, 2026, and adjusts its full-year 2026 guidance. Arthur Schuetz, Chief Financial Officer: “In the first six months of this year we have converted liabilities into equity, raised significant financing, brought our leverage to a more sustainable level, rebuilt working capital and invested into growth. We have seen significant pickup in orders in Q2, first in China and now increasingly across our global markets. Focus is now on execution, margins and cashflow, we have reduced overhead costs in Germany and are now implementing a purchasing cost reduction program. While 2026 will remain a transition year in terms of overall financial performance, we believe that our restructuring and operational groundwork in the last six months is progressing well. Together with the order momentum this will put us in a strong position for a good second half of this year and a very promising 2027 financial performance in terms of growth and margins.” Key Highlights Revenues: €46.0 million for the six months ended June 30, 2026 (Q1: €18.2 million; Q2: €27.7 million) compared to €16.9 million for the same period last year; more than half of our revenues were from China which continues to perform stronger than expected while demand for machines manufactured in our German plant only recently accelerated Gross Profit: €9.8 million (gross margin: 21.2%) for the six months ended June 30, 2026 compared to €-1.6 million for the same period last year. Gross margin was lower than anticipated at this revenue level given the product mix shift towards our lower gross margin business in China Operating Result: €-8.0 million for the six months ended June 30, 2026 compared to €-7.8 million for the same period last year. The operating result was impacted by increased general administrative expenses due to share-based compensation (€1.4 million), “Sprint” restructuring costs (€0.4 million) and costs associated with the various recapitalization projects (€1.4 million). Foreign exchange losses of €1.7 million were also incurred Adjusted EBITDA (non-IFRS): €-0.6 million for the six months ended June 30, 2026 compared to €-11.6 million for the same period last year Net income: €-47.8 million for the six months ended June 30, 2026 compared to €-10.2 million for the same period last year. Net income was impacted mostly by non-cash effects related primarily to the accounting treatment of the XJ Harbour liability converted into shares on January 16, 2026 and to a lesser extent to the fair-value movements of the Company’s warrants Order Intake and Backlog: Order intake of €96.6 million year-to-date as of August 21, 2026 (H1 2026: €44.3 million) and order backlog of €95.0 million as of August 21, 2026 (June 30, 2026: €54.8 million). The Company experienced a significant increase in order activity in the last few months Deleveraging: Close to €30 million of reduction in financial debt between December 31, 2025 and June 30, 2026, including €30.75 million of debt converted into equity or set off since December 31, 2025, enabling the Company to invest into its growth plan Cash Position: €14.3 million of cash and cash equivalents as of July 31, 2026, following the closing of the $20.0 million 2029 Convertible Notes on July 14, 2026 Full-Year 2026 Guidance: Revenue guidance of more than €100 million confirmed and Adjusted EBITDA margin guidance lowered to 6 to 9% (previously more than 12%), based on Adjusted EBITDA as defined in this release and order intake guidance of €125–150 million maintained, with the Company now expecting to be in upper half of that range Order Intake and Order Backlog Order intake in Q1 was €13.6 million, reached €30.7 million in Q2 and orders received thus far in Q3 through August 21, 2026 were €52.3 million, reaching a total of €96.6 million year-to-date on August 21, 2026. As previously communicated on July 14, 2026 order intake guidance has been raised to €125–150 million. The Company now expects to be in the upper half of that guidance range. Order backlog stood at €95.0 million as of August 21, 2026. Order intake and order backlog figures relate exclusively to orders for equipment and do not include orders associated with services or spare parts. Revenue and Operating Results for H1 2026 Revenues increased significantly compared to a weak first half of 2025 as revenues for the segment Technical Equipment & Processes increased from €10.7 million to €39.4 million. Spare parts & services revenues were €6.4 million, increasing from the €5.9 million achieved in H1 2025. Licensing and other revenues amounted to €0.2 million in H1 2026. General administrative expenses increased from €5.5 million in the first half of 2025 to €8.5 million in the first half of 2026 driven by the various reorganization programs which resulted in high expenses described in the Adjusted EBITDA reconciliation. Other income and other expenses of €1.3 million and €-2.7 million respectively were impacted by a net foreign exchange loss of €1.7 million, while other income and other expenses in H1 2025 had benefited from €6.3 million foreign exchange gain for the six months ended June 30, 2025. Adjusted EBITDA amounted to €-0.6 million and excludes expenses for ”Sprint“ related restructuring costs of €0.4 million, share-based compensation of €1.4 million with front-loaded expense recognition relative to the two-year service period, advisory expenses of €1.4 million related to the financings, debt-to equity swap, two Form-20-F filings within three months and various registration filings as well as €1.7 million of foreign exchange losses incurred in the first six months of this year. In the prior-year period for the six-months ended June 30, 2025, Adjusted EBITDA excludes on the same basis €6.3 million of foreign exchange gains. Cash Flow, Indebtedness and Financing Cash provided by operating activities was €-29.3 million, mainly driven by spending on working capital of €26.1 million, from an unusually low negative working capital as of December 31, 2025 to a more normalized ~€14 million as of June 30, 2026. The Company expects working capital to be at the same level or lower by year-end. Cash used in investing activities was €2.5 million, of which €0.8 million related to investments in property, plant and equipment. Cash provided by financing activities was €32.6 million of which €33.1 million was generated from the 2028 Convertible Note and the SEPA financing. On May 23, the Company converted into equity €30.75 million owed to members of the Schmid family shareholder group. As of June 30, 2026 the Company had a total of €23.4 million of debt, excluding debt related to the convertible instruments. Of this €17.5 million of debt was owed to its shareholders and related parties as well as €5.9 million of debt to financial institutions and other third parties. $12 million of the 2028 Convertibles issued in January and €2.5 million of the 2025 Convertible loan issued in December 2025 to related parties remained outstanding as of June 30, 2026. As a subsequent event, on August 21, 2026 a further $1 million was converted and $11 million of the 2028 Convertible Notes remained outstanding and on July 14, 2026 the new $20 million 2029 Convertible Note was funded. The 2029 Convertible Notes can only be converted once all of the 2028 Convertible Note has been converted. No further standby equity purchase agreement issuance occurred after June 30, 2026. Cash and cash equivalents were €2.3 million as of June 30, 2026 (December 31, 2025: €1.6 million). Following the closing of the $20.0 million 2029 Convertible Notes on July 14, 2026, cash and cash equivalents were approximately €14.3 million as of July 31, 2026; in addition, approximately $21 million remain available at the Company’s discretion under the standby equity purchase agreement. Based on the current business plan, the existing order backlog and contractually agreed milestone payments, the Company expects its available liquidity, together with cash flows from operations, to be sufficient to fund its operations and to meet its obligations as they fall due for at least the next twelve months. The Company does not currently anticipate material further drawdowns under the standby equity purchase agreement in 2026 and does not plan to incur additional indebtedness at the level of SCHMID Group N.V. or its German subsidiary. The new Chinese manufacturing campus is expected to require around €11 million of expenditure to be financed primarily through local project financing. This financing and some potential local bank loans or working capital financing from Chinese banks without any security from SCHMID Group N.V. or our German subsidiary are permitted under the Company’s existing financing arrangements up to a maximum of €20 million. Potential Dilution The table below sets out the Company’s outstanding financing instruments in consolidated form for the convenience of investors; the terms of each instrument are set out in full in the agreements filed with the U.S. Securities and Exchange Commission. As of August 21, 2026, the Company had 60,958,903 Ordinary Shares outstanding, excluding 5,000,000 earn-out shares which have been issued but have not vested and are subject to forfeiture on April 30, 2027 if the share price does not reach $15 (for 2.5 million earn-out shares) or $18 (for the other 2.5 million earn-out shares). Shares and options related to share-based compensation have been excluded from this analysis. Potential dilution at illustrative share prices. The table below shows the Ordinary Shares issuable upon conversion or exercise in full of the instruments above at four illustrative share prices. Conversion prices of the 2028 and 2029 Convertible Notes are approximated at 95% and 97% of the illustrative price, respectively, subject to the floors and caps shown; actual conversion prices are determined under the relevant indentures. Figures are based on principal amounts and exclude accrued PIK interest and shares issuable at the Company’s discretion under the standby equity purchase agreement and the share incentive plan. (a) At $12.00 the conversion prices are capped at $9.65 (2028 Notes) and $10.50 (2029 Notes); above these levels the number of shares issuable no longer declines as the share price rises. (b) The 2025 Convertible Loan accrues interest at 15% interest to conversion and assumes a 1.16 €/$exchange rate. (c) The 11,250,000 public warrants are exercisable for cash at $11.50 per share (up to $129.4 million in aggregate). The 9,750,000 private placement warrants may only be exercised on a cashless basis under the undertaking agreement of January 29, 2024 and generate no cash proceeds. If the shares trade at or above $10.00 for 20 of 30 trading days, the Company may redeem all 21,000,000 warrants at $0.10 per warrant under the warrant agreement, in which case holders may instead exercise on a cashless basis and receive shares per the make-whole table. At a $12.00 redemption fair market value each warrant would receive approximately 0.25 shares per warrant (in case of a cashless exercise in e.g. September 2026), or approximately 5.25 million shares in aggregate, with no cash proceeds to the Company. The maximum conversion price for cashless exercise is 0.361 shares per warrant in case the shares trade at or above $18.00. (d) At each of the illustrative prices, the share price thresholds of $15.00 and $18.00 (each for 20 of 30 trading days by April 30, 2027) would not be met and all 5,000,000 earn-out shares would be cancelled on April 30, 2027; the dilution percentages are therefore calculated as the new shares divided by the sum of 60,958,903 Ordinary Shares (excluding the earn-out shares) and the new shares. The dilution shown is illustrative only; it is not a prediction of the share price or of holder behavior. (e) The 2026 Warrants can also be exercised on a cashless basis at the Company's election, which would reduce dilution but also reduce the cash proceeds to the Company. Operational Developments On March 4, 2026, SCHMID delivered its first specialized InfinityLine H+ for panel level packaging with formats up to 700×700mm to a leading U.S. technology company. On June 9, 2026, the Company signed a preliminary manufacturing project letter of intent and investment framework agreement with the local authorities of the Banfu Industrial Zone, Zhongshan, Guangdong Province, for a new company-owned manufacturing campus consolidating the two currently leased Chinese facilities. The campus is expected to provide nearly double the effective manufacturing capacity compared its currently leased two facilities in China, with a total investment of approximately €11 million, financed primarily through local Chinese bank financing secured by the project assets; operations are expected to begin approximately Q4-2027. The Malaysian subsidiary, serving as spare-parts and service hub for Asia outside China and Taiwan, expanded on the first significant revenues generated in 2025. Outlook for the Second Half of 2026 and Amended Full-Year Guidance The Company confirms its full-year 2026 revenue guidance of more than €100 million. Based on the weaker than expected first-half financial results and on orders and current visibility on second-half performance the Company now expects a full-year 2026 Adjusted EBITDA margin of 6 to 9% (the previous communicated full-year 2026 Adjusted EBITDA margin guidance was that such margin would be more than 12%). Our full-year 2026 guidance for order intake remains at €125–150 million, however the Company now expects to be in the upper half of that range. As anticipated Q1 order intake was seasonally weak and the Company has seen a significant pick-up in particular in China since Q2. Given order visibility we expect a significant pick-up of revenues for our German plant in H2, leading to roughly an equal split between our two plants in H2 and leading to higher margin product mix. We have identified more than 40 full-time-equivalents across German overhead functions for reduction during H1 with most departures taking place in Q3 and expect €4 million in annual savings from “Sprint” cost saving program in German overhead to take full effect during H2 2026. Having successfully executed “Sprint”, the Company is now entering the next phase “Sprint II”, a purchasing cost reduction program, targeting savings of approximately 5% of material expenses. The majority of the savings are expected to be realized by year-end and the remaining savings are expected to be captured as design to cost improvements are implemented. Upcoming Financial Updates and Investor Call The Company intends to publish its business updates by mid-October 2026 – for the third quarter of 2026, by mid-January 2027 for the fourth quarter of 2026. On or before April 30, 2027, the annual report on Form 20-F for the financial year 2026 will be published. SCHMID will host an investor call today, August 25, 2026, at 9:00 a.m. Eastern time (3:00 p.m. CET). Details are published on SCHMID’s investor relations website. About The SCHMID Group The SCHMID Group is a global leader in providing advanced equipment and process solutions for the high-tech industry, with a strong focus on electronics and semiconductor-related applications. Headquartered in Freudenstadt, Germany, and founded in 1864, SCHMID employs more than 800 people worldwide and operates technology centers and manufacturing facilities in Germany and China, as well as sales and service locations globally. SCHMID develops customized systems and process solutions for the production of substrates, printed circuit boards and other electronic components. Its portfolio addresses a range of high-growth applications, including advanced packaging, semiconductor-related technologies, AI-driven electronics, printed circuit boards, substrates and glass-based technologies. SCHMID’s solutions enable customers to achieve high technology levels, high yields, low production costs, maximum efficiency, quality, and sustainability in advanced manufacturing processes. For more information about the SCHMID Group, please visit www.schmid-group.com or contact [email protected]. [email protected] Forward-looking Statements This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include statements regarding our full-year 2026 revenue, Adjusted EBITDA margin and order-intake guidance and the expectation that order intake will fall into the guidance range; the statement that available liquidity, together with cash flows from operations, is expected to be sufficient for at least the next twelve months; the drivers of the expected second-half margin improvement and the treatment of special items in Adjusted EBITDA; statements regarding the expected financial performance in 2027; expectations regarding the standby equity purchase agreement, additional indebtedness and the financing, cost, capacity and timing of the new Chinese manufacturing campus; the illustrative dilution presentation; the expected savings from the “Sprint” and purchasing cost reduction programs; and the financial calendar. There are a significant number of factors that could cause actual results to differ materially from the statements made in this press release, including: the impact of the COVID-19 pandemic, geopolitical events including the Russian invasion of Ukraine, macroeconomic trends including changes in inflation or interest rates, or other events beyond our control on the overall economy, our business and those of our customers and suppliers, including due to supply chain disruptions and expense increases; our limited operating history as a public company; our current dependence on sales to a limited number of customers for most of our revenues; supply chain interruptions and expense increases; unexpected delays in new product introductions; our ability to expand our operations and market share in Europe and the U.S.; the effects of competition; and the risk that our technology could have undetected defects or errors. Additional risks and uncertainties that could affect our financial results are included under “Item 3. Key Information – 3.D. Risk Factors” in our annual report on Form 20-F filed with the SEC on May 15, 2026, which is available on the SEC’s website at www.sec.gov. Additional information will also be set forth in other filings that we make with the SEC from time to time. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by applicable law. Appendix: Consolidated Statements of Profit or Loss (unaudited) Consolidated Statements of Financial Position (unaudited) Consolidated Statement of Cash Flows (unaudited) Non-IFRS Financial Measures In addition to our results determined in accordance with International Financial Reporting Standards (“IFRS”), as issued by the International Accounting Standards Board (IASB), we review financial measures that are not calculated and presented in accordance with IFRS (“non-IFRS financial measures”). We believe our non-IFRS financial measures are useful in evaluating our operating performance. We use the following non-IFRS financial information collectively to evaluate our ongoing operations and for internal planning and forecasting purposes. We believe that non-IFRS financial information, when taken collectively, may be helpful to investors, because it provides consistency and comparability with past financial performance and assists in comparisons with other companies, some of which use similar non-GAAP financial information to supplement their IFRS or US-GAAP results. The non-IFRS financial information is presented for supplemental informational purposes only, should not be considered a substitute for financial information presented in accordance with IFRS, and may be different from similarly titled non-IFRS measures used by other companies. A reconciliation of each historical non-IFRS financial measure to the most directly comparable financial measure stated in accordance with IFRS is provided below. Reconciliations of forward- looking non-IFRS financial measures are not provided because we are unable to provide such reconciliations without unreasonable effort due to the uncertainty regarding, and potential variability of, certain items, such as share-based compensation expense and other costs and expenses that may be incurred in the future. Investors are encouraged to review the related IFRS financial measures and the reconciliation of these non-IFRS financial measures to their most directly comparable IFRS financial measures. Our non-IFRS financial measures include Adjusted EBITDA defined as Net income (loss) for the period before income taxes, net finance result, depreciation, and amortization (including impairments), and special items. Our management team ordinarily excludes special items from its review of the results of the ongoing operations. Special items may comprise significant asset impairments and write-offs, special accounting charges and other items that we do not necessarily consider to be indicative of earnings from ongoing operating activities.  In the periods presented, special items comprise restructuring costs, share-based compensation, capital structure restructuring costs and foreign exchange gains and losses, as itemized in the reconciliation below. Adjusted EBITDA for the first half of 2025 has been recalculated under the definition applied in this release (as previously published in Form F-1 Registration Statement filed February 17, 2026, without adjustment for foreign exchange effects, Adjusted EBITDA for the first half of 2025 was €-5.3 million). Reconciliation of Net Income (Loss) to Adjusted EBITDA (non-IFRS, unaudited) _________________________________1 Financial result includes non-cash effects related primarily to the accounting treatment of the XJ Harbour liability converted into shares on January 16, 2026 and, to a lesser extent to the fair-value movements of the Company’s warrants2 Share-based compensation relates to C-level share and option awards covering the 2026 and 2027 service periods. Due to the terms and timing of the awards, a significant portion of the related expense is recognized in H1 2026, resulting in a front-loaded expense recognition relative to the two-year service period. As these non-cash charges are concentrated in H1 2026 and do not reflect the underlying operating performance of the period, management excludes them from Adjusted EBITDA. 3 Capital structure restructuring costs primarily relate to the exceptional volume of financing and regulatory filing activity during H1 2026, including multiple Form F-1 registration statements and Form 20-F filings undertaken as part of the Company’s Nasdaq compliance process, together with associated legal, advisory, consulting and printing costs. The adjustment also includes costs related to debt-to-equity conversions undertaken as part of the Company’s capital structure restructuring. Financing costs that are capitalized and amortized over the respective financing terms are excluded from this adjustment.4 Foreign exchange gains and losses primarily reflect the impact of currency movements and currency conversion transactions during the period. These items are excluded from Adjusted EBITDA as they are primarily driven by exchange rate movements and the timing of currency conversions rather than the underlying operating performance of the Company.

FREUDENSTADT, Germany, July 14, 2026 (GLOBE NEWSWIRE) -- SCHMID Group N.V. (NASDAQ: SHMD) (the “Company” or "SCHMID"), a global leader in providing solutions for the electronics industry, today provided the following operational update following the completion of the second quarter of 2026. Operational Update for the second quarter ended June 30, 2026 In the second quarter of 2026, the Company recorded order intake of €30.7 million and reported revenues of €27.7 million. Including the repeat order exceeding €37 million announced on July 7, 2026, cumulative order intake since the beginning of the year amounts to €81.6 million. The order backlog stood at €54.8 million at the end of the quarter. Order intake and order backlog figures relate exclusively to orders for equipment and do not include orders associated with services or spare parts. Consistent with management's expectations, given the revenue profile for the first half of the year, EBITDA margin in H1 is expected to be significantly lower than the EBITDA margin of 12% consistent with full-year 2026 guidance. For the full-year 2026 management maintains the guidance of more than €100 million revenues and EBITDA margin of more than 12%. In light of the sustained improvement in order momentum and enhanced business visibility, management has decided to increase its full-year 2026 order intake guidance from approximately €114 million to a range of €125 to €150 million. The financial information presented in this press release for the second quarter of 2026 and for guidance for the full-year 2026 is preliminary and unaudited. Actual results may differ from the preliminary estimates presented herein. The Company expects to report its final second-quarter and half-year financial results with the publication of its interim financial statements on or before August 25, 2026. Order intake and order backlog are operational metrics used by management to evaluate the Company’s business activity and visibility of future revenue. These metrics are not measures defined under International Financial Reporting Standards (“IFRS”) and may not be comparable to similarly titled measures used by other companies. Adjusted EBITDA is a non-IFRS financial measure. The Company defines Adjusted EBITDA as earnings before interest, taxes, depreciation and amortization, adjusted to exclude certain non-recurring or non-operational items. Because Adjusted EBITDA excludes items that may be included in the most directly comparable IFRS measure, investors should not consider Adjusted EBITDA in isolation or as a substitute for measures prepared in accordance with IFRS. The Company is unable to provide a reconciliation of forward-looking Adjusted EBITDA guidance to the most directly comparable IFRS financial measure without unreasonable effort because certain items that impact such measures are uncertain, out of the Company’s control and cannot be reasonably predicted. Release of half-year results 2026 SCHMID will release half-year results on or before August 25, 2026, followed by an investor call at 9 a.m. Eastern time, 3 p.m. CET time. Details for the investor call will be published on SCHMID's investor relations website. Closing of the new $20 million convertible notes The Company entered into an investment agreement with an institutional investor (the "Investor") on July 7, 2026 pursuant in relation to the issuance of senior convertible notes in an aggregate principal amount of $20 million convertible into ordinary shares of the Company (the “Notes”). The Notes were issued pursuant to an indenture dated today, July 14, 2026. As disclosed in the Company's press release on July 7, 2026, the net proceeds from the issuance of the Notes will be used to fund the working capital need resulting from the ongoing order intake acceleration and growth capital needed for the move from rented to owned manufacturing plant in China with nearly double capacity. Forward-looking Statements This press release may contain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. Forward-looking statements in this press release include, but are not limited to, statements regarding the Company’s preliminary first and second quarters of 2026 results, financial outlook for fiscal year 2026, expected order intake and revenue growth, anticipated demand trends, and other statements that are not historical facts. These forward-looking statements can include statements regarding our expectations with respect to future performance and the anticipated timing of certain commercial or financing activities, expected timing and completion of the private placement and use of proceeds related thereto. There are a significant number of factors that could cause actual results to differ materially from the statements made in this press release. Additional risks and uncertainties that could affect our financial results are included under “Item 3. Key Information – 3.D. Risk Factors” in our annual report on Form 20-F filed with the SEC May 15, 2026, which is available on the SEC’s website at www.sec.gov. Additional information will also be set forth in other filings that we make with the SEC from time to time. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by applicable law. About The SCHMID Group The SCHMID Group is a global leader in providing solutions mostly for the electronics industry, with its headquarters based in Freudenstadt, Germany. Founded in 1864, today it employs approximately 800 staff members worldwide, and has technology centers and manufacturing sites in multiple locations including Germany and China, in addition to several sales and service locations globally. The Group focuses on developing customized equipment and process solutions mostly for the electronic industry. Our system and process solutions for the manufacture of substrates, printed circuit boards and other electrical components ensure the highest technology levels, high yields with low production costs, maximized efficiency, quality, and sustainability in green production processes. Learn more at www.schmid-group.com Contact [email protected]

Interested in SCHMID Group N.V.? Here are five stocks we like better. SCHMID Group expects stronger demand in 2026 as AI infrastructure, optical modules, and advanced packaging drive order activity. The company reaffirmed its 2026 outlook for revenue above EUR 100 million and adjusted EBITDA margin significantly above 12%. The business recovered in the second half of 2025 after a weak start caused by tariff uncertainty delaying orders. Full-year 2025 order intake topped EUR 90 million, and first-quarter 2026 revenue came in at EUR 18.2 million with management expecting a sharper pickup in Q2. SCHMID is restructuring its balance sheet and cutting costs through convertible financing, a standby equity line, and debt-to-equity conversions that could reduce debt by about EUR 31 million. It also launched a cost-saving program targeting at least EUR 4 million in annual savings. SCHMID Group (NASDAQ:SHMD) said it expects stronger order activity through the remainder of 2026 as demand tied to artificial intelligence infrastructure, optical modules and advanced packaging supports its equipment business. On the company’s first formal investor call, Chief Financial Officer Arthur Schütz described 2025 as “a year of transitioning and repositioning” for SCHMID, with operations recovering significantly in the second half after a challenging start to the year. Schütz said first-half results were affected by tariff uncertainty that delayed orders, while activity began rebounding around May. → Why Applied Optoelectronics Stock May Be Near a Turning Point SCHMID ended 2025 with order intake of more than EUR 90 million and an order book of EUR 51 million, according to Schütz. He said second-half revenue was around EUR 50 million, with an EBITDA margin of about 8% to 13% and an EBIT margin of 8.5%. The company also reported first-quarter 2026 revenue of EUR 18.2 million, order intake of EUR 13.6 million and quarter-end backlog of EUR 49 million. Schütz said the first quarter has historically been SCHMID’s weakest period and that the company expects “a significant uptick” in order intake in the second quarter compared with the first quarter. → Robinhood, SoFi, and Webull Are Telling Very Different Stories Based on current visibility, SCHMID reaffirmed its 2026 outlook for revenue above EUR 100 million, adjusted EBITDA margin significantly above 12% and order intake of approximately EUR 114 million. Chief Sales Officer Roland Rettenmeier said SCHMID is benefiting from a shift in the electronics industry from wafer-level packaging toward panel-level packaging, driven by high-performance computing and AI. He said larger compute packages, including sizes such as 120 millimeters by 120 millimeters, are increasingly being manufactured on rectangular substrates on panels rather than wafers to reduce wasted production area and material. → Is Everspin Technologies the Next AI Edge Breakout? Rettenmeier said customers and their supply chains are establishing several panel sizes, including 310 by 310 millimeters, 510 by 515 millimeters and 600 by 600 millimeters. He said SCHMID expects the panel-level packaging market to grow three- to fourfold by 2030. In response to an analyst question, Rettenmeier said about 60% of SCHMID’s order intake over the past 12 months was related to AI infrastructure or optical modules. He said the company expects that mix to move toward about 70% by the end of 2026. Rettenmeier pointed to SCHMID’s newer product families, including the InfinityLine C-Plus, L-Plus and P-Plus, as drivers of above-market growth. He said the L-Plus is a full panel-sized chemical mechanical polishing system and described it as key equipment for panel-level packaging with glass core substrates. Schütz said SCHMID has taken steps to simplify and strengthen its capital structure. The company announced a $30 million convertible financing in January, of which $18 million remains outstanding, and recently announced a $30 million standby equity purchase agreement with an institutional investor. Schütz said the standby equity line gives SCHMID flexible access to capital “entirely at our discretion” and provides a financial backstop while minimizing immediate dilution. Shares may be placed at a 3% discount to average trading levels if funding is needed, he said. The company also reduced debt through debt-to-equity measures. Schütz said SCHMID converted a liability to the private equity investor in its Chinese operation into equity, while core shareholders waived EUR 5 million of debt. He said the company is further reducing debt through the conversion of shareholder loans into equity, which is expected to cut debt by around EUR 31 million in the coming weeks. After those actions, Schütz said SCHMID’s debt profile would primarily consist of about EUR 10 million of lower-interest property leases and the remaining convertible instrument. If that instrument is converted, pro forma debt would be around EUR 23 million, which he described as a sustainable leverage level. SCHMID has also launched an operational efficiency program aimed at reducing overhead costs and improving margins. Schütz said the company’s German manufacturing footprint remains “right-sized” and unchanged, but German overhead costs increased faster than revenue over the past two years, particularly in general and administrative expenses and research and development. The program, called FRIP, was initiated in January and targets at least EUR 4 million in sustainable annual savings. Schütz said the savings are expected mostly through short labor programs and voluntary headcount reductions, with one-time reduction costs of approximately EUR 500,000. The company is also working to reduce listing-related costs, including audit, legal and directors and officers insurance expenses, some of which Schütz said were particularly high following SCHMID’s de-SPAC process. He said some benefits should appear in 2026, with more impact in 2027. During the question-and-answer session, executives said SCHMID’s 2026 orders are expected to be weighted toward the second half of the year. Schütz said equipment orders can be “lumpy” because the timing of larger orders is uncertain. Rettenmeier said orders received by July or August can still be converted into revenue during the fiscal year because the company typically receives a 30% down payment, produces the equipment and recognizes revenue when it ships. Rettenmeier said SCHMID is in negotiations to deliver larger batches of equipment to key customers expanding capacity for optical modules and AI server boards. He also said the company expects to enter 2027 with roughly EUR 60 million to EUR 70 million of order backlog. Asked about production capacity, Rettenmeier said constraints in China are being addressed through additional rented and built production floor space. He said SCHMID’s manufacturing capacity is sufficient to meet expected demand for 2026 and 2027. Executives said they do not see an impact on the business from the Iran conflict. Schütz also said SCHMID’s production is not highly capital intensive, noting that historical capital expenditures have generally been around EUR 1 million or less because much of the work involves assembly. Schütz said the company intends to engage more regularly and transparently with the market and plans to provide quarterly trading updates on revenue and order intake. Schmid Group AG is a global engineering and manufacturing company specializing in flexible packaging and barrier coating technologies for a range of industries. The company’s core offerings include turnkey coating, metallization and extrusion lamination lines designed to enhance the functional performance of films and substrates used in food, pharmaceutical and medical packaging applications. Schmid Group’s expertise also encompasses process engineering, product development and on-site support services, enabling clients to optimize production efficiency and sustainability in high-volume manufacturing environments. In addition to its barrier technologies, Schmid Group provides modular solutions for thin-film coating, printing, slitting and winding, as well as machinery for flat glass finishing such as washing, sanding and patterning. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "SCHMID Group Q4 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for May 2026.

SCHMID Group secures Major Orders for AI Server PCB Production Equipment Freudenstadt FREUDENSTADT, Germany, Dec. 17, 2025 (GLOBE NEWSWIRE) -- SCHMID Group N.V. (NASDAQ: SHMD), a global leader in providing solutions to the high-tech electronics, photovoltaics, glass, and energy systems industries, reports its unaudited financial results for the first half of 2025, covering the period ended June 30, 2025 and updates its full-year 2025 guidance. Key Highlights Revenues: €16.9 million for the six months ended June 30, 2025 compared to €29.7 million for the same period last year due to lower order volumes in Asia, Europe and the USA Gross Profit: €-1.7 million for the six months ended June 30, 2025 compared to €5.6 million for the same period last year principally as a result of the low revenue Other income: €6.1 million for the six months ended June 30, 2025 mainly results from FX translation effects on foreign currency liabilities, which arose due to the weaker performance of the USD compared to the Euro. In the same period of last year, other income was €10.4 million. Operating Result: €-7.8 million for the six months ended June 30, 2025 compared to €-70.1 million for the same period last year principally as a result of the low revenue and negative gross profit. Adjusted EBITDA (non-IFRS)*: €-5.3 million for the six months ended June 30, 2025 compared to €6.1 million for the same period last year Revenue and Operating Results for H1 2025 SCHMID Group N.V.'s revenues and gross profits were lower in the first half of 2025 than in the comparable period of 2024, in particular due to weak revenues in Asia, China and Europe. The production plant in Freudenstadt was not operating at full capacity in the first quarter of 2025. Order intake improved noticeably in the middle of the second quarter of 2025. Since then, both production plants of the Company have been operating at full capacity again. However, due to accounting for new orders, such new orders did not yet translate into corresponding sales in the six month period ended June 30, 2025. The low sales level led to a negative gross profit in the first half year 2025. The Group's operating results were impacted by the negative gross profit. However, the valuation of financial liabilities denominated in USD resulted in a positive valuation effect after the USD has performed weakly against the Euro in the first half year. Nevertheless, the Group achieved a negative operating result for the first half of the year overall. Adjusted Outlook for 2025 and Update on Financial Status of SCHMID We published an outlook for 2025 in the Company's Form 6-K filed with the Securities and Exchange Commission (the “SEC”) on November 17, 2025. Based on our backlog and our delivery schedule at that time, we previously estimated that our sales will be within a range of €72 million to €77 million for the full financial year of 2025 and our unadjusted EBITDA will be approximately 15% of our sales. Due to delays in receiving contractual advance payments and the resulting project postponements, sales for 2025 will be at the lower end of the estimated range. Even at the lower end of the sales range, we can reconfirm our EBITDA margin projection of approximately 15%. The machines subject to delivery delays will be included in sales figures for the first and second quarter of 2026. In our press release dated November 17, 2025, we referred to ongoing discussions with investors about possible equity or debt investments in SCHMID Group in 2025. Negotiations with XJ Harbour Ltd. regarding a debt-equity swap have been successfully concluded and a shareholders' meeting will be held on December 23, 2025 to authorize the issuance of shares to XJ Harbour Ltd. offsetting more than USD 26 million in financial liabilities to XJ Harbour Ltd. As previously announced, negotiations with potential debt investors have been ongoing. A two-tranche loan facility agreement with Black Forest Special Situations I, a Cayman Islands incorporated vehicle (the "Lender") backed by a consortium of lenders, including several of the Company’s board members, was signed and is expected to be closed with the first tranche to be drawn down on December 18, 2025. This loan facility amounts to up to €10 million, with the first tranche amounting to €2.5 million. The second tranche of up to €7.5 million is expected to be drawn down early in 2026 following the Lender raising further funds. The loan facility includes an equity conversion right, exercisable under certain circumstances by the Lender which would convert the amounts outstanding under the loan facility at a share price of USD 2.15 per share into shares of the Company. Additionally, the Company raised €200,000 separately, as part of the same overarching realignment of the Company's financial structure, by the conclusion of a loan with a related party of the Schmid family. The agreed interest rate is market standard and the loan has a maturity of 15 months. Negotiations with other possible debt and equity investors remain ongoing. The Group expects that further funds to support and accelerate the growth of the Company will be raised within the coming months. Once the two tranches of the loan facility, amounting to up to €10 million have been received, SCHMID intends to complete its 2024 financial statements and publish its annual report for the financial year 2024 on Form 20-F. SCHMID expects that its Form 20-F for 2024 will be filed in February 2026. Outlook for 2026 For the financial year 2026, we confirm our expectation of realizing sales revenue of over EUR 100 million and, taking into account this level of sales, an Adjusted EBITDA margin of more than 12 % on sales. Forward-looking Statements This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include statements regarding our financial outlook for 2024, our expectations with respect to future performance and the anticipated timing of certain commercial activities. There are a significant number of factors that could cause actual results to differ materially from the statements made in this press release, including: the impact of the COVID-19 pandemic, geopolitical events including the Russian invasion of Ukraine, macroeconomic trends including changes in inflation or interest rates, or other events beyond our control on the overall economy, our business and those of our customers and suppliers, including due to supply chain disruptions and expense increases; our limited operating history as a public company; our current dependence on sales to a limited number of customers for most of our revenues; supply chain interruptions and expense increases; unexpected delays in new product introductions; our ability to expand our operations and market share in Europe and the U.S.; the effects of competition; and the risk that our technology could have undetected defects or errors. Additional risks and uncertainties that could affect our financial results are included under “Item 3. Key Information – 3.D. Risk Factors” in our annual report on Form 20-F filed with the SEC on May 15, 2024, which is available on the SEC’s website at www.sec.gov. Additional information will also be set forth in other filings that we make with the SEC from time to time. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by applicable law. *Non-IFRS Financial Measures In addition to our results determined in accordance with International Financial Reporting Standards (“IFRS”), as issued by the International Accounting Standards Board (IASB), we review financial measures that are not calculated and presented in accordance with IFRS (“non-IFRS financial measures”). We believe our non-IFRS financial measures are useful in evaluating our operating performance. We use the following non-IFRS financial information, collectively, to evaluate our ongoing operations and for internal planning and forecasting purposes. We believe that non-IFRS financial information, when taken collectively, may be helpful to investors, because it provides consistency and comparability with past financial performance and assists in comparisons with other companies, some of which use similar non-GAAP financial information to supplement their IFRS or US-GAAP results. The non-IFRS financial information is presented for supplemental informational purposes only, should not be considered a substitute for financial information presented in accordance with IFRS, and may be different from similarly titled non-IFRS measures used by other companies. A reconciliation of each historical non-IFRS financial measure to the most directly comparable financial measure stated in accordance with IFRS is provided above. Reconciliations of forward- looking non-IFRS financial measures are not provided because we are unable to provide such reconciliations without unreasonable effort due to the uncertainty regarding, and potential variability of, certain items, such as stock-based compensation expense and other costs and expenses that may be incurred in the future. Investors are encouraged to review the related IFRS financial measures and the reconciliation of these non-IFRS financial measures to their most directly comparable IFRS financial measures. Our non-IFRS financial measures include adjusted EBITDA defined as Net income (loss) for the period before net finance result, depreciation, and amortization (including impairments), and special items including the IFRS 2 expenses due to the business combination with Pegasus Digital Mobility Acquisition Corporation. Our management team ordinarily excludes special items from its review of the results of the ongoing operations. Special items may comprise significant asset impairments and write-offs, special accounting charges and other items that we do not necessarily consider to be indicative of earnings from ongoing operating activities. The financial figures for 2025 and 2024 are preliminary and unaudited and are subject to change based on the completion of the audit for the financial year 2024. The audited financial statements for the financial year 2024 will be published in the Company’s Form 20-F. About The SCHMID Group The SCHMID Group is a world-leading global solutions provider for the high-tech electronic, photovoltaics, glass, and energy systems industries, with its headquarters based in Freudenstadt, Germany. Founded in 1864, today it employs more than 800 staff members worldwide, and has technology centers and manufacturing sites in multiple locations including Germany and China, in addition to several sales and service locations globally. The Group focuses on developing customized equipment and process solutions for multiple industries including electronics, renewables, and energy storage. Our system and process solutions for the manufacture of substrates, printed circuit boards and other electrical components ensure the highest technology levels, high yields with low production costs, maximized efficiency, quality, and sustainability in green production processes. Learn more at www.schmid-group.com Contact [email protected] Appendix: Statements of Profit or Loss for the half years ended June 30, 2025 and 2024 In the first half of 2024, the Adjusted EBITDA includes income from the initial consolidation of SCHMID Energy Systems GmbH of € 9.1 million. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/51ef63b0-fb14-455d-a887-b3184224753a